finma suspends assessment of ubs emergency plans amid credit suisse integration

The annual assessment and approval of UBS's stabilization and emergency plans for 2024 have been canceled by Finma, the Swiss Financial Market Supervisory Authority.

This decision is a result of UBS's ongoing integration of Credit Suisse, which is expected to continue until 2026.

Finma has chosen to postpone the evaluation of UBS's emergency plans without specifying a new date for the assessment.

This decision reflects Finma's recognition of the challenges UBS is facing during this significant transition period.

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